S&P, Nasdaq rise on tame inflation data; Dow felled by Boeing
  • ECONOMY

  • 06:27 13 March 2019

S&P, Nasdaq rise on tame inflation data; Dow felled by Boeing

The S&P 500 and the Nasdaq rose on Tuesday after tame inflation data underscored the Federal Reserve’s dovish stance on interest rate hikes, but the Dow ended lower as Boeing’s shares sank for a second day after one of its planes crashed in Ethiopia, ONA reports citing Reuters.

The Dow Jones Industrial Average fell 94.32 points, or 0.37 percent, to 25,556.56, the S&P 500 gained 8.41 points, or 0.30 percent, to 2,791.71 and the Nasdaq Composite added 32.97 points, or 0.44 percent, to 7,591.03.

Faig Mahmudov

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